Which one of the following is a false statement about quality circles?
A. Quality circles generally meet on company time.
B. Quality circles are more effective when they are comprised of individuals whose duties are not closely related.
C. The leader of a quality circle is generally the supervisor of a work unit.
D. During quality circle meetings, the leader will function as a group member, not as a work-unit supervisor.
B
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Conventional thinking is that a company must pay _____________________ in order to get top executives to work for the company.
A. At least $1 million per year in base salary. B. The market rate based on a calculation involving algebraic principles. C. More than its competitors. D. Top dollar.
Which of the following statements about the net present value is true?
A) It has an inadequate reinvestment assumption. B) It may be used to select among projects of different sizes. C) It produces a percentage result that is easy to describe. D) It is likely that there will be more than one NPV for a project.